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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    Supply Chain Risk Management: Development of a Theoretical and Empirical Framework

    Wolfgang Kersten, Mareike Böger, Philipp Hohrath, Hagen Späth
    …concept of supply chain man- agement. Supply chain management is an approach to design value chains by opti- mising the inter-organisational flow of… …material, information and capital in order to reduce costs and enhance customer value. According to an empirical study of the authors at Hamburg School of… …of all risks a company or supply chain is ex- posed to. Thus, an increase of the risk portfolio can either mean that new risks emerge or that already… …their subjective value (Arrow, 1965). In this case, variance is an instrument for risk measurement that allows quantifying the deviation from an… …expected value. Thus, risk may indicate both positive and nega- tive deviations from an expected outcome. However, an empirical investigation by March and… …is the damage - assessed by its probability of occurrence - that is caused by an event within a com- pany, within its supply chain or its environment… …risk within a supply chain (Kersten et al., 2006b) In 2005, the authors of this article conducted an empirical study in order to inves- tigate the… …production The combination of these risk drivers leads to an increasing vulnerability of the supply chains and, hence, to an increasing risk portfolio of… …each company within that supply chain. E.g., globalisation leads to an increased geographical complexity in supply chains, while outsourcing and… …complexity within the whole supply chain. This complexity, introduced to the supply chain by its members, is an addi- tional risk driver in the supply chain…
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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    Integrated Performance – And Risk Management in Supply Chains – Basics and Methods

    Herwig Winkler, Bernd Kaluza
    …improve the performance of production and logistics processes in an outstanding manner (Stölzle, 2002, pp. 10; Stölzle/Karrer, 2002, pp. 57). The… …the interdependencies be- tween performance and risk and implement supply chain measures holistically. In our contribution, we will present an… …approach for an integrated performance- and risk management-concept in supply chains. In today's business, we do not have just one type of a supply chain… …. For the adoption of supply chain management, we have to differ between various types of supply chains. The draft of an integrated Herwig Winkler… …criteria of decentralised unmanaged supply chains and centralised strategic supply chain networks. The concept for an integrated performance- and risk… …require an international distribution and/or procurement of prod- ucts and services in increasingly less time. Consequently, this leads to intense com-… …, an improvement in customer orientation can be achieved as Integrated Performance - And Risk Management in Supply Chains - Basics and Methods 21… …. (Anderson/Lee, 2005) The single enterprise is no longer in the centre of considerations, because an integrated viewpoint of the value chain is applied… …Equipment Manufacturer Figure 1: The Supply Chain Operations Reference (SCOR)-Model An important target of SCM consists in the effective design and… …(Bamberg/Coenenberg 2004). The occurrence of these results is only predictable with limited probability. Therefore, there is an association between the cause related…
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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    Complexity-Induced Supply Chain Risks – Interdependencies between Supply Chain Risk and Complexity Management

    Corinna Engelhardt-Nowitzki, Helmut E. Zsifkovits
    …to meet contradicting objectives: A sufficient stability towards risks, but at the same time an appropriate and sudden flexibility towards appreciated… …or necessary adaptations. An amount of complexity that is low enough to provide effi- ciency and transparency but high enough to offer a suitably… …provider, partner, legal institutions, customer, intermediary parties etc.). Secondly an increasing connectivity between these elements is further enhanc-… …deviations (e.g. an unexpected Complexity-Induced Supply Chain Risks 39 increase of incoming orders) require consequences (e.g. concerning the capacity… …overbooked capacity units). Therefore the risk definition in the context of SCM has to be comprehensive. From an economic point of view, risk is defined as… …concretising this generic definition: We are dis- cussing only complexity-induced risks that show an obvious SC relevance: Definition: complexity-induced SC… …utilization or an utmost and expensive capacity flexibility. Being part of a complex supply network and being forced to act agile, a com- pany therefore has… …to meet contradicting objectives: A sufficient stability towards risks and failures, but at the same time an appropriate and sudden flexibility to-… …wards appreciated or necessary adaptations in order to meet shareholder and cus- tomer expectations. An amount of complexity that is low enough to provide… …Drivers R es u lt s in Interfaces IT Systems Product / Market Organizational Struct . Procedures Cost Benefit : an d U rg en cy Action Planning…
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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    Reliability Improvement in Supply Chain Design under Demand and Supply Uncertainties

    Ilham Kissani
    …concepts. Section 3 provides the relevant details of the pro- posed model. 2 Modeling Concepts In this paper, we use an integrated methodology for… …improving the entire supply chain performance in an uncertain environment. Acknowledging that uncertainties here, touch especially demand and supply… …of purchasing a new machine. This one can possibly require additional space and can need consequently an enlargement of the site, which generates a… …, by con- vention in the problem modeling, layouts 0 will correspond to the non-use of a site. The possible layouts for an already existing installation… …existing installation). The possible layouts for an installation to be established on a given site can corre- spond to: – The "acquirement" of a new… …chanical engineering. This paper proposes an extension of the method to logistics field, making the analogy between, respectively, a mechanical system (its… …model makes the emphasis on the selection of the most reliable suppliers. 6 Model Formulation The proposed model is an extension of the model presented… …the methodology of interference theory for suppliers’ reliability measurement, and of proposing an approach of resolution of suppliers’ selection… …high operational costs. As seen above, a layout of a site repre- sents a particular configuration of this site and a capacity option corresponds to an… …horizon is about ten years or more, while the opera- tional costs are typically determined on an annual basis. The strategic variables concern the entire…
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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    An Empirical Investigation into Supply Chain Vulnerability Experienced by German Firms

    Stephan M. Wagner, Christoph Bode
    …79 An Empirical Investigation into Supply Chain Vulnerability Experienced by German Firms Stephan M. Wagner and Christoph Bode Abstract A… …in an unpredictable and in- creasingly uncertain environment. In consequence of this, there has been a surge in the number of publications on supply… …chain vulnerability) An Empirical Investigation into Supply Chain Vulnerability Experienced by German Firms 81 and three distinct supply chain… …Chain Risk It is crucial for any study dealing with risk to choose an appropriate definition. Risk is an elusive construct and has a variety of… …. In classic decision theory and also in common practice in many other fields, the fluctuations around an expected (performance) outcome are used as… …value”. In contrast, March and Shapira (1987) examine the perception of risk by ana- lyzing on an empirical basis how executives perceive and react to… …Walker, 2003, p. 52). Focusing solely on the upstream sup- ply chain, Zsidisin (2003) defines supply risk as “the probability of an incident as- sociated… …nega- tive deviation from an expected (performance) output value resulting in negative consequences for the focal firm (e.g., financial loss) (Zsidisin… …, Melnyk, Ragatz, & Burns, 2006). Based on this definition, we apply a terminology that uses two terms that are an- tecedent to supply chain risk: supply… …certainty and from which disruptions can emerge” (Jüttner, An Empirical Investigation into Supply Chain Vulnerability Experienced by German Firms 83…
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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    Enterprise and Supply Risk Management from the Perspective of Internal and External Auditors

    Michael Henke, Reiner Kurzhals, Christopher Jahns
    …of Enterprise and Supply Risk Management as well as the results of an empirical study will be presented. This study was conducted in regards to the… …Management. At the same time it will be another step on the way to developing an integrated and process-oriented approach to Supply Risk Management in terms… …of ERM. 1 Nature and relevance of the problems: Enterprise Risk Management (ERM) as a starting point for the further development of an integrated… …importance is further exemplified by the “Sarbanes-Oxley Act of 2002” (SOA): “COSO’s framework may become an important tool for imple- menting the directives… …question related to the topic of the paper is this: Is ERM a good point to start the further development of an integrated and process-oriented Supply Risk… …Risk Management an example from company practice should be mentioned: last year DaimlerChrysler had to stop its production for diesel vehicles for 18… …as an important issue for companies. No matter which com- Enterprise and Supply Risk Management from the Perspective of Internal and External… …Management represents an important step in the right direction towards a proactive and regular handling of supply risks (Cp. Henke and Jahns, 2005, pp… …Auditing are indispensable based on common ground and mutual interest in securing an efficient and goal-oriented internal and external monitoring of supply… …Auditing, 2004, pp. 12-13). – Appraisal of applicability of form and results of Supply Controlling & Risk Management by an External Auditor, a certified…
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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    Risk Management in Supply Chains Behavioural Risks: The Underestimated Force

    Mischa Seiter
    …Supply Chains are currently an intensively discussed topic. Various types of risks are discussed, e.g. inventory risks, risks of terror attacks or delay… …and quality risks. Up to now behavioural risks are little considered and underestimated. However, the relevance of this type of risk is enormous. An… …the possibility of opportunistic behaviour. Actions to reduce asymmetric information within supply chains are proposed as an (indirect) approach to… …instruments to avoid opportunism will be identified by an empirical pre-study. The empirical approach is selected because it is not clear yet if the proposed… …agrees to a duty compensated by an entitlement to a reward (Jost, 2001; Ebers/Gotsch, 2002). By his behaviour in fulfilling his duty the agent affects… …the conceptual model. Regarding to the aim of this study the Principal-Agent-Theory contributes the central hypotheses: an increasing level of… …further development of the conceptual framework, according to the ex- ploration’s first objective, an empirical pre-study was accomplished. This pre-study… …, an invitation to a conference where the results of the study are discussed and a test subscription of a scientific journal. To check for… …between answer and a numeric value based on a code plan guarantees this. Therefore, this approach can be seen as an objective approach. Measures have to… …level of asymmetric information has an effect (ȕ = 0.24, p ” 0.05) on oppor- tunistic behaviour. Therefore, asymmetric information could serve as a…
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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    Evaluation of Transportation Network Reliability in Incidents

    Afshin Shariat Mohaimani, Poria Mohammadian, Navid Kalantari
    …incidents; the occur- rence of these incidents may reduce the network's reliability. This article first pre- sents an accessibility measure that will be used… …is accessibility; this measure will be used in this article as the performance measure of the transportation network. Transportation network play an… …introduce different accessibility measures, then will percent an accessibility measure that will tack into account the reliability of the transportation… …each destina- tion a utility value, and that the likelihood of an individual choosing a particular destination depends on the utility of that choice… …background. Six basic types of these measures have been illustrated by Kwan et al. (2003)[5]. 3 Developing an Accessibility Measure for Commodity… …equation (10) the cost of traveling from s to k is probabilistic and depends on the probability of incidents in them. When an incident or combination of… …and the lower bound of the accessibil- ity indicates the extent of variations in the accessibility of the network. The extent of variation could be an… …thus it has the least accessibility reliability. In this article after assuming an incident scenario the shortest path of the net- work has been…
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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    Managing Risk and Complexity in the South African Automotive Supply Chain in A Black Economic Empowerment (Bee) Environment: A Case Study

    Gideon Horn
    …, accounting for 30.0% of the country’s manufacturing output. – – The employment of approximately 297 000 people directly with many more employed as an… …companies and multinationals. – The export of fully built-up vehicles has increased from 110 507 in 2004 to 139 912 in 2005 (an increase of 26.6%)… …strategy, industry-specific BEE charters and achievement scorecards are developed as an on-going process for all the key sectors of the economy. Businesses… …businesses is regarded as an appropriate tool by which large enter- prises can assist in the development of small businesses (Hugo et al, 2006:335) and… …. In practice, new suppliers who are given a chance to supply parts to an OEM are at first only given contracts to produce low risk production parts… …. Once better established, and on condition that an OEM is satisfied with their quality and capac- ity, an OEM will give BEE suppliers higher value… …and price, that same sup- plier is given the contract. An established supplier in a foreign country which is closer to a parent OEM will in most cases… …tive industry’s export orientation, it enjoys marginal status in relation to an interna- tional industry that is rapidly globalising and which has 25-30%… …many of a given part in an effort to minimize their production costs. How- ever, when engineering changes specify a change in component levels (in other… …preferential procurement and en- terprise development. As far as preferential procurement is concerned, an OEM as- sesses whether suppliers that tender are truly…
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  • eBook-Kapitel aus dem Buch Managing Risks in Supply Chains

    A Tool for Assessing Product Non-Compliance Risks in Supply Chains

    Alex Martin, Kieren Mayers, Chris France
    …. This is followed by an explanation of the choice of a tool for assessing product non-compliance risks in the producer’s case, a discussion on how the… …improve compliance assurance. An existing tool was chosen for the risk as- sessment: failure mode and effects analysis (FMEA). The choice of FMEA over… …subjective and lack con- Alex Martin, Kieren Mayers, and Chris France 152 sistency if they were not undertaken following an agreed method. For these… …, a proven method by which to assess risks again in the future. A literature search was undertaken to see if an existing tool could be used directly… …design or manufacturing failure on customer satisfaction. This has been graded in severity of effects scales; an example is shown in Table 1. At the same… …non-compliance with regulations. 10 Dangerously high Failure could injure the customer or an employee. Table 1: Severity of effects rating scale used in product… …High An effective statistical process control (SPC) programme is in place with process capabilities greater than 1.33. 4 Moderately high SPC is used… …was tailored to undertake an assessment of the risks of management system failings resulting in product non-compliance with substance use restrictions… …sultant RPN (rRPN) after planned and recommended actions are undertaken. R ef n o. M an ag em en t re qu ire m en t R eq ui re m en t fu… …Ef fe ct iv en es s R PN Pl an ne d an d re co m m en de d ac tio ns Se ve rit y Pr ob ab ili ty Ef fe ct iv en es s rR…
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